Financial Results | Egypt Oil & Gas - Part 6
ExxonMobil posts a 7% drop in profits, a cash flow of $13 billion in Q1 2025
ExxonMobil Corporation, the American gas and oil giant, reported a 7.3 per cent decline in its net profits during the first quarter of 2025 to reach $7.7 billion compared to $8.2 billion in the same quarter of 2024. ...
Equinor Reports Strong Performance during Q1 2025
Equinor reported strong financial and operational performance during the first quarter (Q1) of 2025. According to the results, Equinor delivered adjusted operating income of $8.65 billion and $2.25 billion after taxes...
bp’s Underlying RC Profits Reach $1.4B in Q1 2025
bp announced its financial results for the first quarter (Q1) of 2025, reporting underlying replacement cost (RC) profits of $104 billion compared to $1.2 billion for the previous quarter and $2.7 billion during the s...
SLB’s Revenues Records $8.5 B in Q1 2025
The financial results of SLB showed that its revenues recorded $8.49 billion in Q1 2025 compared to $8.7 billion during the same period in 2024, the company said in a statement. It added that the net income attributab...
Baker Hughes Revenues Amount to $6.4 B in Q1 2025
Baker Hughes announced its financial results for the Q1 2025 noting that it has achieved revenues worth $6.427 billion compared to $4.18 year-on-year (YoY). The company’s statement showed that it recorded orders of $6...
Dana Gas Eyes Egypt Growth, Seeks Payment Release
Dana Gas released its financial results for nine months ending 30 September 2024, reporting a decline in net profit of AED 410 million ($112 m), compared to AED 462 million ($126m) in 9M 2023, due to lower realized pr...
Wintershall Dea’s Average Production Increases to 323,000 boe/d in 2023
Wintershall Dea has announced that its average daily production has increased 1% to 323,000 barrels of oil equivalent (boe/d) during the fiscal year (FY) 2023. The company elaborated that this is slightly below expect...
ERC’s Margins Push Qalaa Holdings’ Revenue Up to EGP 97.7 billion in FY 2022
Qalaa Holdings Company has announced that it has recorded a 113% y-o-y increase in revenue to EGP 97.7 billion in FY22, and recurring EBITDA of EGP 32.3 billion compared to EGP 4.1 billion in FY21. The solid performa...
